Skip to content
Subscriber Only
Max Nisen

AbbVie Wages HCV Drug-Price War on Gilead

Its new hepatitis medicine could be a big bargain for many patients.
Photographer: Dan Kitwood

Pharma already leads the business world in unpredictability, with billions in sales potentially riding on a few points of statistical significance in a clinical trial. 

But even within that context, a series of blockbuster medicines for Hepatitis C (HCV) have made for a roller-coaster ride for companies and investors. AbbVie Inc. last week threw another big curve at this market by pricing its newly FDA-approved drug Mavyret -- which might be the most effective HCV medicine approved yet -- at a massive discount.